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2 Apr 2008 07:00
Range Resources Ltd ABN 88 002 522 009 34 Parliament Place West Perth WA 6005 PO Box 684 West Perth WA 6872 P: +61 8 9488 5200 F: +61 8 9321 6699admin@rangeresources.com.au2 April 2008OPES PRIME UPDATE
Following enquires from several shareholders, Range Resources Ltd ("Range" or the "Company") wishes to confirm that none of the interests of Range directors in Range shares are held under margin lending facilities operated by the collapsed Australian margin lending and stock broking group, Opes Prime.
Furthermore, Range is aware that like many other junior resource companies, some of its shares (held by non-director related interests) may be held under margin lending facilities operated by Opes Prime and subject to whatever sale arrangements are decided to be pursued by the receivers/administrators of the Opes Prime companies. However, based on current information obtained by the Company, Range believes that only a relatively small number of its shares are held through such facilities, being less than 1% of its issued shares.
For and on behalf of the Board.
Peter LandauExecutive DirectorRange Resources Ltd. RFC Corporate Finance Fox-Davies Capital (Nominated Adviser) (Broker) Peter Landau Stuart Laing Daniel Fox-Davies + 61 8 9488 5200 +61 8 9480 2500 +44 (0)207 936 5200 www.rangeresources.com.au
RANGE RESOURCES LTD
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